A well-maintained small condominium complex with underground parking and garden awaits you here in a quiet and very popular location in Bad Vilbel (residential area on the Niederberg).
The well-maintained apartment building with 9 apartments (3 apartments per floor) + 10 underground parking spaces in total is in a well-maintained condition.
The apartment on the 2nd floor = top floor, which is currently not rented and therefore available for immediate occupancy, offers plenty of space and good basic amenities.
This means that it is not only of interest to owner-occupiers, but also to investors, as the property can be rented out again from tomorrow without any further investment. Our current market value estimate for rental is around €990 + €50 for the parking space in the underground car park.
The entire property with a total of 858m² of land has a current land value of € 970/m². The co-ownership share of this apartment amounts to 101/1000, plus the joint co-ownership share for the garage spaces, recorded in the separate land register sheet, amounting to 60/1000.
The monthly maintenance fee is € 349,-/month and includes the addition to the maintenance reserve of € 46.25, the apportionable additional costs also included in this amounted to approx. € 236,-/month in 2022, thus only a remainder of approx. € 65,- of non-apportionable costs remains.
The reserve account currently has a 5-digit coverage and an annual contribution from all owners of approximately € 5,000.
The apartment has been renovated, i.e. wallpapered and freshly painted white with a well-kept laminate floor in a wood look and white tiled floor in the kitchen and bathroom. The double-glazed plastic windows are also equipped with roller shutters.
You enter the apartment on the 2nd floor (without elevator!) into a comfortable hallway area (there would also be plenty of space for a spacious wardrobe) and, without a door, enter the highlight of the apartment, namely the light-flooded, almost 30m² living/dining room with the attractive roof terrace in front of it, which offers a simply wonderful panoramic view towards the Taunus - here you or your tenants will certainly spend many cozy hours enjoying the open view. There are also no distractions from neighbors here, a roof terrace with real privacy!
A further hallway area leads to the bedroom, kitchen and bathroom, thus a very good layout to ensure privacy.
The kitchen is already fully fitted by the seller (including ceramic hob, oven, dishwasher), for which no additional payment is required. There is also a spacious storage room with sloping ceilings.
The bedroom is also big enough at around 16m².
The bathroom is a daylight bathtub, completely tiled in white and also of an attractive size.
The apartment also has its own separate basement room of approx. 10m².
And the lower space of a duplex parker in the building's underground car park is reserved for your car. This garage parking space, recorded in a separate land register, is being sold for € 15,000.
In the basement of the house there is also a bicycle cellar and a laundry and drying room as common areas.
Odenwaldstr. in Bad Vilbel, a quiet little cul-de-sac street with virtually no through traffic in a good and established residential area (on the Niederberg) is one of the most sought-after locations in Bad Vilbel.
Conveniently located within walking distance of the South Station in about 7 minutes, the location also offers good connections to local public transport and the fast S-Bahn connection to Frankfurt or Friedberg is another advantage.
Bad Vilbel – the spa town in the Wetterau district, with around 36,000 inhabitants, bordering Frankfurt to the north, offers an excellent infrastructure with all shops for daily needs, an extensive range of restaurants but also a lot of leisure value with extensive sports activities as well as relaxation in nature (city forest, Nidda bank)…
The personal impression on site – conveys more than 1000 words in the exposé, we look forward to hearing from you to arrange your individual viewing appointment.
Note 1: When making enquiries, we always require your complete contact details: name, first name, address, email address + telephone number.
Note 2: All information in this exposé comes from third parties (owner, administrator, architect, ...) for whom we cannot accept any guarantee or liability. Errors and prior sale remain reserved.
Note 3: We already have a qualified exclusive contract from the seller to broker this property. Therefore, all contact should be made exclusively through our office. The owner expressly does not wish to be contacted directly.
According to Section 656 ad BGB, this is a purchase/sale offer subject to commission for the buyer and seller. When you contact us, you will receive an email asking you to place an order. This written form has been required by law since December 23, 2020. Only then will a brokerage contract subject to commission be concluded with you as the prospective buyer and only then can we arrange a viewing appointment with you.
Only when a notarized purchase contract is concluded will you, as the buyer, be required to pay a broker's commission of €31,000 (=including €19,000 VAT) of the purchase price.
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